Property score
73.0
Good
Overall 73.0 · Smaller than most nearby homes
1,174 sqft (bottom 2%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
73.0 is composed by the two sections below.
Property Score
Community Score
Bridgwater Lakes
How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
28 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 115 m).
Bridgwater Lakes · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Other
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 37% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 28 Red Spruce Road, Bridgwater Lakes
Key Characteristics & Appeal
This 2014-built, one-storey home sits on a generous 4,488 sqft lot in the popular Bridgwater Lakes neighbourhood. Its key features include a renovated basement and a detached garage. The appeal here is rooted in value and practicality within a modern community. While the living space is modest at 1,174 sqft, the home benefits from a newer build year (newer than 91% of Winnipeg) and a lot size that offers good outdoor potential. The recently renovated basement adds immediate functional living space without the need for future investment.
This property would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a newer suburb. It’s also a practical option for value-focused investors or buyers who prioritize a larger lot and a modern building envelope over expansive interior square footage. The recent sale in late 2023 suggests a stable, current market value.
Frequently Asked Questions
1. How does the property's value compare to the neighbourhood?
The assessed value is in the lower tier for Bridgwater Lakes, ranking better than only 5% of area homes. This indicates it may be one of the more accessible entry points into this newer neighbourhood.
2. Is the living area suitable for a growing family?
With 1,174 sqft of living space, the home is compact. It ranks in the bottom 2% for size within the neighbourhood, so families requiring multiple bedrooms or dedicated play areas should carefully consider their space needs, though the renovated basement provides additional room.
3. What does the lot size offer?
At 4,488 sqft, the lot is above average for the street. This is a notable advantage, providing good private outdoor space for gardening, recreation, or future additions like a deck or shed, which can offset the smaller interior.
4. Why is there a significant difference between the assessed value and the last sale price?
The last sold price ($352,500 in 2023) is the market value from a recent transaction. The much lower assessed value ($49,500) is for taxation purposes only and is not indicative of the home's market price.
5. What are the pros and cons of its "ranking" data?
The data shows a mix: the home is newer than most in the city but smaller than most on its street. This highlights a trade-off—you’re getting a modern build in a desirable area, but the interior footprint is compact, which is reflected in its competitive positioning.
